Advertisement

Iranian President Selling His 1977 Peugeot 504

 
2 3,504 views Nov 23, 2010
Follow Viknesh

1977 Peugeot 504

1977 Peugeot 504

Enlarge Photo

Related Photo Galleries


See more photos »
Here’s something you don’t see every day. The president of Iran, Mahmoud Ahmadinejad, is selling his 1977 Peugeot 504 to help raise funds for charity.

The car is being sold in an international auction and all funds will go to help the Mehr housing project, a charitable organization that provides housing for low-income families.

The sale is fitting as Ahmadinejad is widely recognized in Iran as the "people's president" and friend of the common man. Not surprisingly, listed as assets in his possession, Ahmadinejad only has a 40-year-old 1,900 square-foot house in a lower-middle class part of east Tehran, the Iranian capital, two cheque accounts and the old Peugeot sedan.


Though a 1977 Peugeot 504 itself is hardly what you’d call a collector’s item, this particular example would certainly have value, even if only as a talking piece.

[AFP]





Tags:
Posted in:
 
 

Have an opinion?

  • Posting indicates you have read this site's Privacy Policy and Terms of Use
  • Notify me when there are more comments
Comments (2)

  1. adamk Posted: 11/23/2010 6:18am PST

    Rhetorical question of the week: "Would you buy a used car from this man?"
     
    Post Reply
    Vote
    Bad stuff?

  2. Leonard Mtonya Posted: 12/15/2010 5:46am PST

    Mahmoud you are such a wonderful president/person! I wish there were many like you. I am a fan of 504 Peugeot and just wish i had enough to buy that one. I wish all the best to whoever buys it. Its a classic and a performer. It will even stay another 40 years.
     
    Post Reply
    Vote
    Bad stuff?

 

Have an opinion?Join the conversation!

Contribute
Send us a tip Comment Contact the editor
Follow Us

Advertisement
Advertisement
Advertisement

Research New Cars

Go!


More from High Gear Media

 
 
MotorAuthority
  • Follow Us
  • Twiiter
  • Facebook
 
 
© 2013 MotorAuthority. All Rights Reserved. MotorAuthority is published by High Gear Media. Stock photography by Homestar, LLC. Send us feedback.